Nacha News

Nacha creates broadly adopted payment and financial messaging rules and standards through consensus-led governance, international collaboration, and innovative development practices. We continually advance the ubiquitous ACH Network and engage diverse stakeholders to accelerate a digital future of global financial services interoperability.

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883 RESULTS
June 9, 2021
The new Warranty Claims Rule taking effect June 30 establishes specific time periods for RDFIs to make claims based on unauthorized entries and brings the ACH Network in line with other payment systems that have time limits.
June 9, 2021
Happy Remote Connect Day! Today marks 75 days until Nacha’s Smarter Faster Payments Remote Connect gets underway. The fact that Remote Connect offers the best in payments education is reason itself to celebrate, but Nacha is going one better. 
June 8, 2021
TokenEx today became a Nacha Preferred Partner for ACH Data Protection. As a Nacha Preferred Partner, TokenEx joins a select group of innovators recognized for offering products and services that align with Nacha’s strategies to advance the ACH Network.
June 2, 2021
In just over a year, a new Nacha Rule repurposing the R11 return reason code has proven to be quite successful.
June 1, 2021
If it’s been a while since you visited Nacha’s Resource Center for Corporates, you should take a look. There’s a lot there you and your customers can use.
June 1, 2021
A new Limitation on Warranty Claims Rule takes effect June 30, 2021, and Nacha's General Counsel said a key goal is “to give Originators more certainty on the time they may face claims on entries that they put into the ACH Network."
June 1, 2021
The Nacha Risk Management Advisory Group (RMAG) held a series of discussions on the topic of Third-Party Senders (TPSs) and the ODFIs that process for them. RMAG developed sound business practices for ODFIs for both the onboarding of new TPS clients and the ongoing monitoring of existing TPS clients.
May 26, 2021
As the COVID-19 pandemic begins to subside, healthcare claim payments are on the rise. Figures from Nacha show nearly 37.4 million healthcare claim payments were made to providers by ACH in March 2021, the most ever in a single month, and an increase of 19.3% over March 2020. The value of those payments, more than $171.3 billion, is up 13% from a year earlier. 
May 24, 2021
First of its kind in the industry, the program will provide payments professionals a holistic view of faster payments, including current offerings, relevant standards, legal perspectives and more, while providing those who complete the program with additional expertise in these areas.
May 20, 2021
Nacha announces Phixius, a platform that facilitates the trusted exchange of payment-related information, has onboarded three participants so far in 2021.
May 18, 2021
“What is the difference between EFT, ACH and EDI?” We often get asked this question from business financial teams - even from seasoned financial pros. The quick answer is that all ACH (Automated Clearing House) payments are EFTs (Electronic Funds Transfers), but not all EFT payments are ACH. And EDI (Electronic Data Interchange) is a data format, not a payment.
May 18, 2021
On Monday, May 17, 2021, the U.S. Department of the Treasury and the Internal Revenue Service announced that the first monthly payment of advanced Child Tax Credits (CTC) from the American Rescue Plan will begin on July 15, 2021.